Shoppers Stop Reports Consolidated Net Profit of Rs 14.26 Crore

Shoppers Stop Reports Consolidated Net Profit of Rs 14.26 Crore

Shoppers Stop, the retail chain company, reported a consolidated net profit of Rs 14.26 crore for the fourth quarter ending on March 31, 2023. The company’s revenue from operations increased to Rs 923.90 crore during the period under review from Rs 713.34 crore in the corresponding quarter of the previous fiscal. This is a significant turnaround for the company, which had posted a net loss of Rs 15 crore for the same period a year ago. Shoppers Stop’s positive financial results can be attributed to the successful implementation of various strategies to optimize costs, drive sales growth, and enhance customer experience.